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issue moving forward and there is a showdown in store. while john boehner has offered up a bit of a compromise he and harry reid have different ideas. >> people making all this money have to contribute a little bit more. >> the congressional budget office are analyzing person provisions of the fiscal cliff. it finds letting these bush tax cuts expire is the least harmful way to improve the economy. but the gop would rather see lower rates and eliminating loopholes. yesterday senator chuck smumer called it a rumpled stillskin fantasy. earlier this week the president gave a very heart-felt speech to his staff and even teared up a bit. >> you guys -- [ inaudible ]. and i'm really proud of that. i'm really proud of all of you. >> more bill is up after the break. stay with us. how are you ever going to solve the problem if you don't look at all of the pieces? >>tv and radio talk show host stephanie miller rounds out current's morning news block. >>you're welcome current tv audience for the visual candy. >>sharp tongue, quick whit and above all, politically direct. >>you
to be revenues as well. second, he's rejecting the john boehner approach which is boehner saying i'll agree to revenues as long as they come as a result of economic growth. in other words, we won't legislate changes in taxes. we'll hope that revenues go up. he's saying no, that won't work for me. you're not going to legislate spending cuts. this is the president talking. not legislate revenue changes as well. >> bill: all right. so there are -- the most immediate decision maybe facing the congress is that as you point out, all of the bush tax cuts expire. which means not only the taxes -- tax cuts for the wealthy expire, the tax cuts for those making under $250,000 a year expire as well. so the president said friday all right, the senate has already passed a bill which would give extended tax cutless for the 98%, those making under $250,000. but let the ones for the wealthier people and defined as over $250,000 expire. and he challenged the house of representatives to pass that. what do you think -- so this is a real -- to
and you can't -- you can't tax them anymore. don't put too much faith into what john boehner had to say yesterday. it was an opening but not a done deal yet. >> yeah. >> bill: kala is in valdosta, georgia. hi kayla. >> bill: great victory huh? >> caller: i actually fell in above with barack obama in 2004 at the dnc. i was a sophomore in high school. [ laughter ] >> bill: good for you. >> caller: i was actually living in ohio at the time. i said that man's going to be the first black president of the united states. i got my butt laughed off. >> bill: you never fell out of love with him. >> no. i ran georgia southern students for barack obama in 2008. >> bill: wow! yeah. >> caller: i'm -- i'm 24 now and i'm black and i'm a female and he's for education. he's for helping people helping themselves and i think that's what the republican party and those that vote that way don't understand. he doesn't want to give out handouts. he wants to give a hand up. there's a big difference in that until the republican pa
-brainer that even a john boehner or mitch mcconnell have to see they cannot survive politically and oppose that. >> eliot: one would hope so. this is one where you want the president to watch the days and watch and say i'm not moving. this is your fault. >> bill: right. then here's the latest wrinkle. i'm sure you saw yesterday some democrats now say that they're buying the mitt romney plan, if you will, of let's not raise tax rates. let's just close loopholes. right. can you get there -- two-fold question eliot. i hate to put you on the spot. one is what's wrong with raising tax rates and two can you get there just by closing loopholes? >> eliot: nothing and no. nothing wrong with raising the rates on the top folks including me including the president including -- >> bill: and me. >> eliot: this is what this campaign was about. the president spoke to it eloquently. bill clinton. every economic study. i wrote my editorial on my show the other night the congressional research service just came out with a study saying ther
. igor, back to more serious stuff we ought to be talking about. so john boehner is saying hey we can have -- we can find some common ground here and republicans are quick to say yeah, let's follow the boehner thing. when you look at what boehner is saying about how to avoid the fiscal cliff he's not saying we're going to agree with president obama on anything yet right? >> not yet. at least publicly, he's just reheating the old romney proposal which is if you close deductions, that's where you get your revenue. not from letting the high end tax cuts expire. the high-end tax cuts expire. what obama had been campaigning on and what voters want overwhelmingly. so you know, the administration has actually been fairly optimistic about where boehner is and negotiating with boehner and negotiating maybe with some of the rank and file who are more likely to come to an agreement. maybe go into the senate. and doing this very publicly. they're meeting with a lot of groups with labor groups, with business groups and they've
is listening to their suggestions. up to this point house speaker john boehner is saying he will not accept any increases on tax rates. but some top republicans are quietly coming around. it is obvious after the election that republicans do not hold the mandate on taxes. while the g.o.p. still might not agree to a tax rate on those making more than $250,000 a year, if democrats demand a millionaire tax increase, it will be hard for republicans to say no. climate change actvilles are not feeling too optimistic after the president's news conference yesterday. advocates had been hoping the president would push for a carbon tax as a way to help raise revenue during talks on the fiscal cliff. while the president did say he is a official believe err -- firm believer in climate change and will take up the issue in the future. for now it will take a backseat to the economy. this is also an issue both parties avoided during the presidential campaign and even during energy talks, there was no mention of climate change
Search Results 0 to 5 of about 6